TL;DR Crypto Surge: Robinhood’s crypto trading volumes soared by 224% to $36 billion, driving transaction-based revenue up 59% to $329 million, with a 232% increase in crypto-related revenue to $126 million. Financial Milestones: The company shattered revenue expectations with $618 million reported, significantly higher than the predicted $552.7 million, and earnings per share of $0.18, outperforming the […]

BlockDAG Outpaces Retik Finance Debut with Early Mainnet Launch and Impressive Roadmap Reveal, Presale Surges Beyond $24M  As Retik Finance gears up for its May 21st launch, BlockDAG has swiftly risen to prominence, amassing an impressive $24.3 million in its presale and distributing over 8.7 billion coins, showcasing a potential 4900% growth. BlockDAG has already […]

On May 9, 2024, bitcoin’s value faced a decline, hitting an intraday low of $60,634 at approximately 7 a.m. EDT. The latest downturn has led to the liquidation of about $34.79 million in bitcoin long positions across various derivatives markets. As Bitcoin’s Value Declines, Heavy Liquidations Follow Bitcoin is facing challenges on Thursday, with its […]

Prominent Bitcoin advocate Saylor has made smart Bitcoin statement, addressing his X community

Looking at the data, what has happened after the Bitcoin halving in the past? And why broader global liquidity levels are worth paying attention to. Bullish and bearish scenarios for Bitcoin from here. Altcoin analysis: ENA, RNDR After a red month to the end of April and a bounce back at the start of May, […]

OTTAWA – The federal anti-money laundering agency has issued a $6-million fine to cryptocurrency exchange company Binance Holdings Ltd. Fintrac …

Most voters in US swing states think that the financial system is not fair, according to a new survey commissioned by venture capital firm Digital Currency Group (DCG). The Harris Poll surveyed 1,201 registered voters in Michigan, Ohio, Montana, Pennsylvania, Nevada and Arizona to explore the attitude of the electorate towards crypto and the current […]

Tens of millions of dollars worth of the meme asset Dogecoin (DOGE) has left Robinhood Crypto after the firm received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). New data from blockchain-tracking platform Bitcoinsensus reveals that 164 million DOGE worth $25 million was transferred out of Robinhood after the firm’s crypto branch […]

Grayscale’s proposal to list exchange-traded funds (ETF) tied to the price of ether was recently withdrawn, according to a notice by the Securities and Exchange Commission (SEC). NYSE Arca, the platform Grayscale’s ETF would have been listed if approved, withdrew the proposal ahead of an anticipated decision by the regulator on similar applications by asset […]

Bitcoin Beach, in collaboration with Geyser and the Federation of Bitcoin Circular Economies (FBCE), has announced the Bitcoin Beach Grants round, aimed at advancing Bitcoin circular economies globally. This initiative aims to support emerging Bitcoin circular economies seeking growth through local Bitcoin education, merchant adoption, and community initiatives with Bitcoin. 🌎 Exciting News! Introducing a […]

Ethereum price started a recovery wave from the $2,940 support. ETH could gain bullish momentum if it clears the $3,055 and $3,080 resistance levels. Ethereum found support near $2,940 and started a steady increase. The price is trading near $3,030 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend […]

Former SEC commissioner Troy Paredes was not the first to criticize the U.S. financial regulator’s lack of clarity on digital assets.

dogwifhat (WIF) continues to be one of the most talked-about meme coins on the market. Although WIF has struggled recently, many crypto traders still believe it has enormous long-term potential. But what about the newly launched Sealana (SEAL)? WIF Price Analysis – Current Levels & Price Action Let’s kick things off by looking at the […]

The European Securities and Markets Authority (ESMA) has initiated a call for evidence to explore the potential inclusion of new assets, including cryptocurrencies, in UCITS funds, which represent a major share of EU retail investments. UCITS, an acronym for Undertakings for Collective Investment in Transferable Securities, is a regulatory framework of the European Union that […]

Vocal Bitcoin advocate Samson Mow issues major tip to Bitcoiners as not only ETFs are consuming BTC now

TL;DR Bitcoin Price: Could reach $200,000 by 2025 due to second Donald Trump administration and US tax changes Geoff Kendrick: Warns of risk of fiscal dominance and debt monetization by the Federal Reserve in the US. Trump’s second term: Could bring favorable regulation for BTC and cryptocurrencies. The price of Bitcoin has been the subject […]

TL;DR Binance fired the head of its surveillance team following its findings that VIP clients were involved in market manipulation. A Wall Street Journal report alleges that Binance ignored internal investigations into market manipulation to preserve relationships with important clients. The internal culture of allowing illicit activities if they benefit the platform has been highlighted […]

Tron TRX has recovered significantly from the recent dip and is now displaying signs of strength. While looking strong, it is set to reclaim its previous high following a reverse bullish formation on the daily chart. While painting bearish scenarios for two months, TRX reaccumulated along the way down and found a solid ground above […]

Cryptocurrency exchange hacks, sophisticated phishing scams, and improperly secured backups are three key avenues through which investors lose access …

A closely followed crypto trader believes that Bitcoin (BTC) and two altcoin projects are gearing up for massive rallies. Pseudonymous analyst Inmortal tells his 213,200 followers on the social media platform X that, based on the historical duration of market cycles, Bitcoin has much higher to go. “We still have room for 500 more green […]

Fantasy Top, a new card-based fantasy game built on L2 scaling solution Blast, launched last week to great success. The game allows players to buy cards for their favourite crypto influencers, which are then rewarded points based on engagement on social media. The game generated millions in trading volume and profits over just the first […]

Just as the U.S. House of Representatives approved a resolution demanding that the Securities and Exchange Commission roll back its anti-crypto banking policies, the White House preemptively declared that it will be vetoed if passed. The resolution to overturn a 2022 SEC bulletin passed with bipartisan support, 228-182, on Wednesday, earning praise from crypto advocates […]

Securities and Exchange Commission (SEC) Chair Gary Gensler has slammed the cryptocurrency sector for not providing adequate disclosure to investors compared to the traditional financial space. In an interview with CNBC, Gensler said that most cryptocurrencies are considered securities and must comply with the relevant laws. Gensler’s comments came a few days after Robinhood’s crypto […]

Originally published on Unchained.com. Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website.  The following is an excerpt from “Your Wealth is […]

The CEO of MicroStrategy, Michael Saylor, recently critiqued Ethereum (ETH), Cardano (ADA) and Ripple (XRP) as he labeled them securities. This brought about a lot of talk among traders as they now look at safer options like Rollblock (RBLK). Analysts hint that this Stage 1 presale star could be the next $0.5 token in 2024 […]

This week’s Bitcoin options expiry sits at $1.35 billion, but what is the expected impact on BTC price?

[PRESS RELEASE – New York, New York, May 9th, 2024] Arch Raises $7M Led By Multicoin Capital To Build The First Bitcoin-Native Application Platform ArchVM Enables Bridgeless Applications On Bitcoin, The World’s Largest And Most Secure Blockchain HONG KONG, MAY 8, 2024 — Arch Labs, the inventors of Arch, a Bitcoin-native application platform that unlocks […]

Jan Nieuwenhuijs, a gold market analyst, has predicted a new multi-year bull market for gold. According to different factors, including the low percentage of gold as part of the global international reserves, and the size of the equity market, gold prices might be preparing to rise, putting prices of $8,000 per ounce in the realm […]

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Blockchain analytics platform Santiment says one Ethereum (ETH)-based altcoin project is leading in the real-world asset (RWA) sector based on development activity. Santiment says that blockchain oracle Chainlink (LINK) is seeing the greatest amount of daily activity on the development hosting platform GitHub. LINK Is seeing more than two times the amount of development activity […]

TL;DR Charles Hoskinson confirms integration of CIP-69 in the next Cardano hard fork. Community and Cardano Foundation support the inclusion of CIP-69 in the Chang Hard Fork. Changes are expected in the post-Chang roadmap construction process. Cardano (ADA) founder Charles Hoskinson has confirmed the integration of Cardano Improvement Proposal (CIP) 69 into the upcoming Chang […]

While most altcoins are still struggling to come back from their recent lows, Front regained strength last week and has been on a buying spree ever since. Despite witnessing slight retracement, it still holds 8% gain. Starting the year on a positive note, Front rallied by almost 10x to reach $3.08 in mid-March but it […]